Jamie Dimon, CEO of JPMorgan Chase & Co., hires Todd Combs, former investment manager for Warren Buffett at Berkshire Hathaway, to lead a new $10 billion group at JPMorgan. Combs, once considered a potential successor to Buffett, will also serve as a special advisor to Dimon, infusing Buffett’s investment acumen into JPMorgan. His successful tenure as a JPMorgan board member and experience managing large financial businesses were key factors in his hiring. Combs will focus on sectors vital to national security, such as critical minerals and frontier technologies, enhancing JPMorgan’s strategic investments.

Read more at Yahoo Finance: Jamie Dimon Poaches Buffett Insider Todd Combs, and Wall Street Is Reading Between the Lines